April 11, 2017
With retirees living longer and the working-age population remaining relatively stable, the growing demand for financial support in retirement will potentially strain social security programs, according to a new report from the C.D. Howe Institute. In “Greener Pastures: Resetting the Age of Eligibility for Social Security Based on Actuarial Science,” authors Robert L. Brown, and Shantel Aris, propose that raising the age of eligibility (AOE) for public pension benefits should be reconsidered in order to persuade more seniors to keep working.
